Patient Financial Services Director salary in Monaco

Average Yearly Salary of Patient Financial Services Director in Monaco is approximately 338,248 EUR (338,045 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Patient Financial Services Director do?

A Patient Financial Services Director is responsible for overseeing the financial aspects of a healthcare organization's patient services. They manage the billing and collection processes, ensuring accurate and timely submission of claims to insurance providers and government agencies. The director collaborates with other departments to develop and implement strategies for maximizing revenue and minimizing financial risk. They analyze data and trends to identify areas for improvement in revenue cycle management and develop policies and procedures to optimize financial performance. Additionally, they oversee the staff responsible for patient financial services, providing guidance and training as needed.

Skills: Patient financial services, Revenue cycle management, Billing and collections, Healthcare finance, Insurance claims, Financial risk management.
Job industry: Healthcare

How much does Patient Financial Services Director make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Patient Financial Services Director a well paid job?

Yes, our data shows that Patient Financial Services Director is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Patient Financial Services Director?

High salary for Patient Financial Services Director would be somewhere between 372,073 EUR and 490,460 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Patient Financial Services Director in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 338,248 EUR
Estimated Monthly Salary: 28,187 EUR
Estimated Weekly Salary: 6,505 EUR per week
Estimated Hourly Salary: 163 EUR per hour
By working as Patient Financial Services Director a person can save up to 20,727 USD per month or 248,727 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Patient Financial Services Director

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Monaco

Data as of 2025

Random salary:
Pension administrator (188,629 EUR per year, pre-tax.)
Qualified mental health associate (93,675 EUR per year, pre-tax.)
Underwater welder (173,068 EUR per year, pre-tax.)
Certified scrummaster (csm) (336,693 EUR per year, pre-tax.)
Multimedia technician (146,475 EUR per year, pre-tax.)

Feedback about these results